Dharani Sugars and Chemicals Limited has formally notified stock exchanges that it does not qualify as a "Large Corporate" under SEBI regulations for the financial year 2026-27. The company submitted this confirmation to both BSE and NSE on April 2, 2026, ensuring compliance with regulatory disclosure requirements.

Regulatory Compliance Framework

The disclosure was made pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which specifically addresses fund raising by issuance of debt securities by Large Corporates. This circular establishes criteria for determining Large Corporate status and mandates specific disclosure requirements for companies falling under this category.

Impact on Disclosure Requirements

Since Dharani Sugars and Chemicals Limited does not meet the applicability criteria for Large Corporate classification, the company is exempt from submitting initial disclosure in the prescribed format. This exemption simplifies the regulatory compliance process for the company while ensuring adherence to SEBI guidelines.

Corporate Information

The disclosure was signed by E P Sakthivel, Company Secretary of Dharani Sugars and Chemicals Limited. The company operates from its registered office at PGP House, Sterling Road, Nungambakkam, Chennai, and maintains its corporate identity number as L15421TN1987PLC014454.

This regulatory confirmation ensures transparency in the company's compliance status and provides clarity to investors and stakeholders regarding the applicable regulatory framework for the upcoming financial year.

Dharani Sugars and Chemicals Limited has submitted its annual disclosure under SEBI regulations, providing detailed information about promoter shareholding and pledge status as of March 31, 2026. The Chennai-based sugar and chemicals company filed the mandatory disclosure with both BSE and NSE, outlining the shareholding pattern of its promoter group.

Promoter Group Shareholding Structure

The disclosure reveals that the promoter and promoter group members collectively hold a significant stake in the company. The total promoter group shareholding stands at 20436006 shares, representing 61.55% of the company's total paid-up capital.

Share Pledge Status

The company has disclosed that 11032168 shares out of the total promoter holding are pledged, representing 53.98% of the promoter group's shareholding. Several promoter entities have pledged their entire shareholding, including:

• Dharani Credit & Finance (P) Ltd: 100% of shares pledged
• Dr Palani G.Periasamy: 100% of shares pledged
• Visalakshi Periasamy: 100% of shares pledged
• Ananthi Developers Ltd: 100% of shares pledged
• Joint holding of Dr Palani G.Periasamy/Ms Visalakshi Periasamy: 100% pledged

Regulatory Compliance

The disclosure was filed pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Company Secretary E P Sakthivel signed the filing, confirming that no new encumbrances were created during the financial year ended March 31, 2026. All pledged shares mentioned in the disclosure were from earlier years.

Company Background

Dharani Sugars and Chemicals Limited operates in the sugar and chemicals sector with its registered office located at Sterling Road, Nungambakkam, Chennai. The company maintains manufacturing facilities across Tamil Nadu, including locations in Tirunelveli, Tiruvannamalai, and Villupuram districts. The company's shares are listed on both BSE (scrip code: 507442) and NSE (symbol: DHARSUGAR).